What a Church Does With a $100bn Rainy-Day Fund

Back in February, a supposed "whistleblower" publicized that the Church had an investment portfolio of approximately $100 billion. The Wall Street Journal and other news outlets reported this like it was a scandal. Church spokespersons related that the operations of the Church consume cash instead of making a profit like a business. The Church operates on a cash basis with no debt, a lesson learned from history.

The past history of the Church, which includes having all its properties seized by the federal government in the late 1800, the jailing of its leaders, and occupation of the Territory of Deseret by the U.S. Army. We learned the lesson the hard way that we needed to be independent of any outside group. In Utah, two near-famines in the 1850s nearly did us in, and no one from the government or the Mormon-haters offered to help. Therefore, we learned to operate with out debt and to set funds aside for a time of need, enough to operate the Church for several years without any income at all.

While anti-Mormons attacked us for this, nobody knew a pandemic was about to shut down stores, close businesses, and cause mass unemployment. Because Mormon prophets and apostles heeded the voice the Lord and followed its inspiration long ago, we were ready to help. We don't say, "I told you so--you should have listened to us." (Well, I do, but I'm a jackass.) Thus, in a time of need, the Church has stepped up to help. In the last two months you can see just a little of what the Church has done--

Mid-Atlantic food banks, more than 320,000 pounds

https://finance.yahoo.com/news/church-jesus-christ-latter-day-123100931.html

New Hampshire, 20 tons

https://www.nashuatelegraph.com/news/community-news/2020/04/13/church-of-jesus-christ-of-latter-day-saints-donates-20-tons-of-food-to-n-h/

Houston, 40 tons

https://www.chron.com/neighborhood/champions-klein/news/article/Northwest-Assistance-Ministries-to-receive-40-ton-15137806.php

Navajo Nation, unspecified

https://newsroom.churchofjesuschrist.org/article/navajo-reservation-receives-food-supplies-bishops-central-storehouse

Virginia, 40 tons

https://newsroom.churchofjesuschrist.org/article/church-donates-food-pantries-virginia

Florida, 20 tons

https://www.timesenterprise.com/news/lifestyles/church-of-jesus-christ-of-latter-day-saints-donates-food-to-second-harvest-of-the/article_657ef3e5-ec76-5712-88d0-649998327b64.html

Klamath Lake County, Oregon, 21 tons.

https://www.heraldandnews.com/news/local_news/food-bank-collects-large-donation-from-mormon-church/article_069801e5-199d-59ab-bcb8-a52d73ca816e.html

Challis, Washington, 21 tons

https://www.postregister.com/news/local/lds-food-donation-arrives/article_3db2ad13-2aba-5b37-b7d4-161369b07bf8.html

(Received 41,000 pounds of food a week prior)

https://kobi5.com/news/josephine-co-food-bank-receives-20-tons-of-food-from-latter-day-saints-125997/

South Carolina, (two semis)

https://www.wspa.com/news/local-news/church-of-jesus-christ-of-latter-day-saints-donates-food-to-upstate-charities/

And this is just some of the assistance provided in the United States. It doesn't count what was sent to Africa and Iran and other countries. This is just food. We sent medical supplies to China and Europe.

Anyways, you get the idea. You can hate Mormons, call us deluded, deceived, or a satanic cult. You can call us a rip-off of the freemasons and accuse us of all kinds of dark needs like kidnapping and child-trafficking. None of that is true. The works speak for themselves. We believe in Christ. We forgive and we will even help those who spoke evil of us or abused us in the past, just as Jesus did. We follow Christ, who continues to speak to living apostles today. It was through that means of inspiration that we are able to help for now. Some people are glad we were listening.

Maybe you ought to cut us a break the next time someone starts bashing Mormons on the Internet.